Exodus suits up to stay in game
Article Abstract:
Exodus Communications couldn't expand fast enough during the dot-com boom years; now it needs to refinance or sell itself. Goldman Sachs & Co., Credit Suisse First Boston and Lazard Freres have been hired to help Exodus explore the options. Some current clients think they need to make alternate plans too, in case Exodus closes its doors.
Publication Name: The Wall Street Journal Western Edition
Subject: Business, general
ISSN: 0193-2241
Year: 2001
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Priceline.com indicates its planned IPO could place market value at $1 billion
Article Abstract:
Priceline.com Inc. will be making an IPO soon, offering 10 million shares at $7-$9 per share, in spite of the fact that its business model is being sued by Marketel International Inc. Marketel ran a similar business, one where the consumer bids on, say, an airline ticket in the amount the consumer wishes to pay, called a buyer-driven reverse auction, but did it by fax rather than online. Marketel did it for only about one year, from 1991 to 1992. Priceline has patented the idea, although that, too, is being challenged.
Comment:
Company will go ahead with its IPO and might have an initial market capitalization of $1 billion or more
Publication Name: The Wall Street Journal Western Edition
Subject: Business, general
ISSN: 0193-2241
Year: 1999
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Inside the tangles of AT&T's Web strategy
Article Abstract:
AT&T is encountering major complications and high costs in pursuing its goal of providing high-speed Internet access through cable lines. The purchase of Tele-Communications Inc. is part of a $120 billion investment plan to gain access to cable lines. The purchase gave AT&T ownership of Excite At Home Corp. which is now preventing AT&T from making a deal with America Online. AOL is further complicating matters by requesting access to AT&T cable lines under the policy of 'open access'.
Publication Name: The Wall Street Journal Western Edition
Subject: Business, general
ISSN: 0193-2241
Year: 1999
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